Sovereign Financial Group Inc. Makes New $1.14 Million Investment in iShares MSCI EAFE Growth ETF $EFG

Sovereign Financial Group Inc. acquired a new stake in shares of iShares MSCI EAFE Growth ETF (BATS:EFG) during the first quarter, according to its most recent disclosure with the SEC. The fund acquired 10,200 shares of the company’s stock, valued at approximately $1,136,000.

Other hedge funds also recently made changes to their positions in the company. Basepoint Wealth LLC purchased a new stake in iShares MSCI EAFE Growth ETF in the 4th quarter worth $25,000. Evermay Wealth Management LLC raised its holdings in iShares MSCI EAFE Growth ETF by 87.0% during the fourth quarter. Evermay Wealth Management LLC now owns 245 shares of the company’s stock valued at $28,000 after acquiring an additional 114 shares during the period. Barnes Dennig Private Wealth Management LLC lifted its position in shares of iShares MSCI EAFE Growth ETF by 327.7% in the fourth quarter. Barnes Dennig Private Wealth Management LLC now owns 278 shares of the company’s stock valued at $32,000 after acquiring an additional 213 shares in the last quarter. Hamilton Point Investment Advisors LLC purchased a new position in shares of iShares MSCI EAFE Growth ETF in the fourth quarter valued at about $37,000. Finally, Dunhill Financial LLC boosted its stake in shares of iShares MSCI EAFE Growth ETF by 133.8% in the fourth quarter. Dunhill Financial LLC now owns 332 shares of the company’s stock worth $38,000 after acquiring an additional 190 shares during the period.

iShares MSCI EAFE Growth ETF Stock Up 0.2%

BATS EFG opened at $125.41 on Tuesday. iShares MSCI EAFE Growth ETF has a twelve month low of $106.33 and a twelve month high of $125.71. The business has a 50-day moving average price of $121.23 and a 200-day moving average price of $118.25. The firm has a market cap of $14.75 billion, a price-to-earnings ratio of 24.98 and a beta of 0.96.

iShares MSCI EAFE Growth ETF Profile

iShares MSCI EAFE Growth ETF (the Fund), formerly iShares MSCI EAFE Growth Index Fund, is an exchange-traded fund (ETF). The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI EAFE Growth Index (the Index). The Index is a subset of the MSCI EAFE Index and constituents of the Index include securities from Europe, Australasia (Australia and Asia), and the Far East. The Fund invests in sectors, such as consumer staples, industrials, consumer discretionary, materials, healthcare, financials, information technology, energy, telecommunication services and utilities.